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LEASED PROPERTY

12 Months Ended

Dec. 31, 2012

Leases of Lessee Disclosure [Text Block]

LEASED PROPERTY

The Corporation has operating leases primarily for facilities and distribution equipment. The future minimum rental payments under operating leases with remaining noncancelable terms in excess of one year are as follows:



Minimum Operating Lease Commitments at December 31, 2012 In millions
2013	$	6
2014	5
2015	4
2016	2
2017	2
2018 and thereafter	2
Total	$	21

Rental expenses under operating leases were $35 million in 2012, $31 million in 2011 and $26 million in 2010.

- Definition

The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing.

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